UFM

VIET NAM MINISTRY OF FINANCE
UNIVERSITY OF FINANCE - MARKETING

 

News & Events

University of Finance - Marketing and College of Finance - Customs officially stay in the same home
  • In the morning of August 31, the University of Finance – Marketing (UFM) solemnly held a ceremony to announce the merger of the College of Finance – Customs (CFC) with the University of Finance - Marketing under the witness of representative of the Ministry of Finance (MoF) leadership, UFM Management Board, lecturers and students of the two institutions

    MoF’s representative hand over Decision for merger of two institutions

  • Attending the ceremony were Mr. Huynh Quang Hai, Member of Party Committee, Vice Minister of Finance, representatives from the Government Office, Ministry of Education and Training, People's Committee of Ho Chi Minh City; leaders of central and local agencies and organizations, heads of partnered units, news agencies, former leaders of the two institutions throughout the past period, all key officials and representatives of the faculty, staff and students of the two institutions.

    Delegates at the ceremony

  • The merger of the two institutions under the Ministry of Finance is one of the most important and strategic political events of the Ministry. This is also the celebration of the 72nd anniversary of the August Revolution and the National Day of September 2nd; celebrating the 72nd anniversary of the Vietnamese financial sector of August 28.

    Mr. Huynh Quang Hai, member of MoF Party Civil Affairs Committee, Deputy Minister of Finance, delivers a speech at the /figcaption>

  • In his instructional speech, the MoF leader noted: "The University of Finance - Marketing and the College of Finance - Customs are all public institutions under the Ministry of Finance, based in Ho Chi Minh City. Both schools have a history of establishment and development for over 40 years. Over the past four decades, both schools have made radical changes in quality and efficiency in the fields of education and training, science and technology, international cooperation, workforce building, construction of facilities, finance with the goal to better meet the human resource training needs of the society in general and the finance sector in particular. Although obtaining many achievements, both schools have their own shortcomings and limitations. UFM is a prestigious university with good brand name in the South. In many years, the enrollment is very effective and the number of its graduates has increasingly been recruited by business enterprises, but so far it still has encountered very difficult issues of facilities.
  • As for the College of Finance - Customs, although being only a 3-year college, it is also a prestigious training institution, attracting a lot of students every year with its spacious facilities. But, the opportunity to become a university as aspired by many generations of teachers and students of the College could not be realized due to a number of reasons, including both objective and subjective reasons arisen from the college ".
  • The merging of CFC into UFM is of strategic significance and brings practical benefits to both institutions with an aim to concentrate resources on the development of one non-business institution for education and training of the Ministry of Finance in the South, thereby enhancing competitiveness and financial autonomy in the context of implementing the policy of the State to strengthen the autonomy of public service units, especially aiming at improving the quality of training in the key fields of the school and strives to become one of the prestigious universities in Vietnam and South East Asia as determined by the School’s Development Strategy to 2030.

    Dr. Hoang Duc Long, UFM President speaks at the ceremony

  • Speaking at the ceremony, Dr. Hoang Duc Long, UFM Secretary of the Party Committee and President, would like CFC faculty members, officials and students to quickly integrate into the new working and learning environment so that the university would soon stabilize and continue to develop strongly, contributing to the cause of socio-economic development of Ho Chi Minh City, the southern provinces and the whole country. The President also expressed his thanks to the leaders of the Ministry of Finance, the Ministry of Education and Training, the HCMC Party Committee, the HCMC People’s Committee, the HCMC Labor Federation, the HCMC Youth Union, allied training universities and colleges, cooperative organizations for their support and help during the past years.

    MoF leader gives decision to appoint the position of President to Dr. Hoang Duc Long in post-merger
    MoF leader gives decisions to appoint the position of Vice-Presidents in post-merger
    MoF leader hands over decision to appoint Chairman of the School Council to Dr. Nguyen Viet Loi (2015 - 2020) in post-merger

  • Also at the ceremony, Mr. Pham Xuan Thuy announced the MoF’s decision on the Management Board and School Council. Accordingly, UFM will have 1 president and 7 vice presidents, namely, Dr. Hoang Duc as President, Mr. Hua Minh Tuan, Dr. Nguyen Van Hien, Assoc. Prof. Dr. Pham Huu Hong Thai, Dr. Dang Thi Ngoc Lan as Vice President. Ms. Nguyen Van Ha, Assoc. Prof. Dr. Phan Dinh Nguyen and Dr. Le Trung Dao (former Vice-Rectors of the College of Finance – Customs) are newly appointed. At the same time, 30 members of the School Council were also approved, of which Dr. Nguyen Viet Loi continues to serve as Chairman of the School Council.

    Lecturers of two institutions at merger ceremony
    Scene of ceremony

  • Students from two institutions pose for photo-taking

  • In harmonizing with the jubilant and exciting atmosphere, the song "Proud of UFM" has resounded with the warm handshakes. Happy smiles bloomed on everyone’s face as from now on UFM will have new members to share the same roof and will open a new chapter, a new beginning to step forward on the road ahead.

    Source: UFM’s Vietnamese Website